Islami Bank
Our banking sector, where no rules apply for vested quarters
In the banking sector of Bangladesh, exemptions from rules and regulations for powerful loan defaulters seem to be the default rules.
Cash-strapped Islami Bank lends to AnonTex
Distressed Islami Bank has approved a Tk 700 crore loan to a concern of AnonTex Group, one of the five large borrowers of Janata Bank that has been enjoying undue facilities despite making negligible repayment in 13 years.
Islami Bank tightens lending to mend health
Islami Bank has tightened its lending activities as the embattled bank looks to shore up its financial health by September.
Saudi investor withdraws director from Islami Bank
Saudi investor Arabsas Travel & Tourist Agency has withdrawn its director from the board of Islami Bank Bangladesh PLC, according to a report of the bank.
Lenovo partners with Islami Bank for tech development
Lenovo, a multinational technology company, has partnered with Islami Bank, a local commercial bank, to provide 1,500 units of ThinkCentre Neo 50T laptops. The collaboration is a part of the two company's steps towards technological development, with Lenovo providing the bank with continuous technical support whenever required.
Islami Bank’s profit rises slightly
Islami Bank Bangladesh Ltd’s profit grew 1.4 percent year-on-year to Tk 343.33 crore in the January-June half of 2023.
Islami Bank remains top remittance collector
Islami Bank Bangladesh Ltd (IBBL) retained its top spot as the biggest remittance collector as it brought home the highest amount of funds sent home by migrant workers in January-March of 2023, official figures showed.
Forex market continues to stay under pressure
Come January there won’t be any volatility in the foreign exchange market -- was the overarching message from the government in the past couple of months. January has arrived, and the situation is dicey as before.
Islami Bank takes emergency Tk 8,000cr from BB
Islami Bank has started to avail a central bank facility that is only summoned during extraordinary circumstances, as the Shariah-based lender looked to dress up its balance sheet ahead of the year’s end.
BB sends observers to Islami Bank, FSIBL
Bangladesh Bank yesterday re-appointed an observer at Islami Bank and dispatched an observer for the first time at First Security Islami Bank (FSIBL) -- the two Shariah-based lenders where Chattogram-based business giant S Alam Group has significant stakes.
Hold the elite to account
Investigation into financial irregularities the first step forward
Probe S Alam Group assets
Prime Minister Sheikh Hasina has called for an investigation into the affairs of S Alam Group, which has been in the public discourse in recent times for its alleged excessive borrowing from the banking system in violation of rules.
Islami Bank 'Crisis': Two reasons led to Arastoo's exit
Refusal to terminate 21 top officials and extend some big loans has forced Arastoo Khan to resign from the post of chairman of the Islami Bank Bangladesh Limited after only one year of his three-year term, an investigation by The Daily Star has found.
Islami Bank: Profit falls as bad debts rise
Islami Bank, the largest and most profitable bank in the country, has seen a significant fall in its half-yearly profit, only months after
2 independent directors of Islami Bank resign
Two independent directors of Islami Bank Bangladesh (IBBL) have resigned from the board of the bank, a day after they were removed from their executive posts.
Islami Bank removes Syed Ahsanul as vice chairman
The board of directors of Islami Bank removes Syed Ahsanul Alam, from his post of vice chairman at the bank.
‘Islami Bank’s money taken as none else showed interest’
Planning Minister AHM Mustafa Kamal says they received money from Islami Bank Bangladesh Ltd to organise the 2011 Cricket World Cup since no other bank showed interest to sponsor the event.
